Der durchschnittliche Reispreis in Japan erreicht ein neues Rekordhoch

Chinese people are panic-buying Japanese rice.

Farmers paid not to grow rice.

its because their prices and economy stagnated for decades but new policies have changed in line with western economies to seek a litle inflation for economic growth, so the prices finally starting to climb along with economy

Quick math show that rice has been reaching record prices for thousands of years in Japan.

The new PM is destroying Japan.

They, too, have their own „affordability“ problem.

So what’s this have to with the price of rice in China?

The government made a show of how they’re going to reduce rice prices earlier in the year but then took a hard right turn to parade hardening immigration policy because the media and populist movements deemed that a much bigger issue (though reality and data on the ground say cost of living is more pressing)

They have strict rules that try to keep small farms profitable. It would be great if the small farms were having a bumper year, but I bet that some middleman is making the money.